Soluna (NASDAQ:SLNH) Upgraded by Zacks Research to “Hold” Rating

Zacks Research upgraded shares of Soluna (NASDAQ:SLNH) to a hold rating in a research report sent to investors on Tuesday,Zacks.com reports.

A number of other analysts also recently commented on the stock. Wall Street Zen upgraded shares of Soluna from a “sell” rating to a “hold” rating in a report on Saturday, April 25th. HC Wainwright started coverage on Soluna in a research note on Monday. They set a “buy” rating and a $4.00 price objective for the company. Finally, Weiss Ratings raised Soluna from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Friday, June 12th. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $4.00.

Soluna Stock Down 5.1%

SLNH opened at $1.30 on Tuesday. Soluna has a one year low of $0.41 and a one year high of $5.14. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.75 and a current ratio of 1.75. The stock’s fifty day moving average is $1.51 and its 200-day moving average is $1.25. The company has a market capitalization of $205.07 million, a PE ratio of -0.80 and a beta of 5.11.

Soluna (NASDAQ:SLNH) last released its earnings results on Friday, May 15th. The company reported ($0.24) earnings per share (EPS) for the quarter. Soluna had a negative return on equity of 64.80% and a negative net margin of 190.87%.The firm had revenue of $9.39 million for the quarter. On average, equities analysts predict that Soluna will post -0.45 EPS for the current fiscal year.

Insider Transactions at Soluna

In other Soluna news, CFO Michael Picchi bought 100,000 shares of the firm’s stock in a transaction dated Thursday, May 21st. The stock was acquired at an average price of $1.63 per share, with a total value of $163,000.00. Following the completion of the transaction, the chief financial officer directly owned 1,381,250 shares in the company, valued at approximately $2,251,437.50. This represents a 7.80% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 10.10% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Soluna

A number of institutional investors have recently bought and sold shares of the business. Focus Partners Wealth purchased a new position in Soluna during the 3rd quarter valued at about $25,000. Millennium Management LLC purchased a new stake in shares of Soluna in the third quarter worth approximately $471,000. Scientech Research LLC acquired a new stake in shares of Soluna during the third quarter worth approximately $31,000. Matauro LLC acquired a new stake in shares of Soluna during the fourth quarter worth approximately $28,000. Finally, Fiduciary Alliance LLC grew its position in Soluna by 131.2% during the fourth quarter. Fiduciary Alliance LLC now owns 87,845 shares of the company’s stock valued at $103,000 after purchasing an additional 49,845 shares in the last quarter. 23.19% of the stock is currently owned by institutional investors and hedge funds.

More Soluna News

Here are the key news stories impacting Soluna this week:

• Positive Sentiment: HC Wainwright reiterated a Buy rating on Soluna and kept a $4.00 price target, signaling meaningful upside from current levels. Soluna (NASDAQ:SLNH) Coverage Initiated at HC Wainwright
• Positive Sentiment: The firm’s estimates suggest Soluna’s losses should narrow over time, with FY2027 EPS projected at $(0.27) and quarterly losses around $(0.07), which could support the bullish long-term view. Soluna (NASDAQ:SLNH) Coverage Initiated at HC Wainwright
• Neutral Sentiment: HC Wainwright also published detailed FY2026 and FY2027 EPS estimates, adding more visibility into Soluna’s path forward, but the new forecasts themselves do not appear to be a major fresh catalyst. Soluna (NASDAQ:SLNH) Coverage Initiated at HC Wainwright
• Negative Sentiment: The analyst estimates still call for continued losses in 2026 and 2027, reinforcing that Soluna remains an unprofitable growth story and limiting enthusiasm. Soluna (NASDAQ:SLNH) Coverage Initiated at HC Wainwright

About Soluna

Soluna Computing, Inc (NASDAQ: SLNH) is a renewable energy and computing company that develops, constructs and operates utility‐scale wind and solar projects designed to power high-performance computing workloads. By integrating power generation with data processing infrastructure, Soluna targets applications such as cryptocurrency mining, blockchain validation, artificial intelligence training and other cloud‐based or on-premises computing tasks that can flex to available renewable output.

The company manages the full project lifecycle—site selection, permitting, engineering, procurement, construction and operations—with a focus on regions that offer abundant wind or solar resources yet face limitations in grid infrastructure.